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Working More Can Mean a Higher SS Benefit - Motley Fool
As most know, it is possible to claim Social Security retirement benefits as early as age 62. But did you know that doing so will mean your monthly benefit will be as much as 30% less? When to claim SS is always something that should be carefully evaluated, and you might find that working even just one more year could have a significant influence on your lifetime Social Security benefits. This Motley Fool article by Kailey Hagen offers several reasons why working even one additional year can make a difference in your lifetime Social Security benefits. Choose carefully when to claim SS!
Social Security is a complex topic. If you’re unsure about how these basics apply to you, or if you have any questions about your individual situation under Social Security or enrollment in Medicare, note that the AMAC Foundation provides a free-to-the-public advisory service to help Americans navigate the complexities of these programs. All questions are answered quickly, at no charge. Learn more about it here…